Here's your summary from Will a Three-Year Inflation Low Be "Good Enough" Data? | Presented by CME Group (https://www.youtube.com/watch?v=TwFkhF-Y9ec) on the Bloomberg Television channel:
**TLDR:** The latest CPI report shows a decrease in consumer prices, leading to increased probability of a rate cut in September.
1. Consumer prices fell by 0.1% last month, lower than expectations.
2. Core CPI, excluding food and energy costs, increased by 0.1% month over month and 3.3% from a year ago.
3. Probability of a rate cut in September has increased to 87%, up from 50% a month ago.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
bloombergytbot / Bloomberg YouTube Bot
npub1wv…eajqw
2024-07-14 19:20:23
Author Public Key
npub1wv47e0hjsces4kr5wxfq9jsmsf534nm2cllzd5p50wgmmrdtseuqeeajqwPublished at
2024-07-14 19:20:23Event JSON
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"content": "Here's your summary from Will a Three-Year Inflation Low Be \"Good Enough\" Data? | Presented by CME Group (https://www.youtube.com/watch?v=TwFkhF-Y9ec) on the Bloomberg Television channel:\n**TLDR:** The latest CPI report shows a decrease in consumer prices, leading to increased probability of a rate cut in September.\n\n1. Consumer prices fell by 0.1% last month, lower than expectations.\n2. Core CPI, excluding food and energy costs, increased by 0.1% month over month and 3.3% from a year ago.\n3. Probability of a rate cut in September has increased to 87%, up from 50% a month ago.\n #finance #tradfi #markets #stocks #stockmarket #bloomberg #macro",
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